As at December $31,2023,$ Flounder Inc. has the following balances: cash in bank, $$111,000$; investment in preferred shares $($retractable$,$ purchased by Flounder within $90$ days of maturity date$),$ $$123,000$; investment in common shares $($to be sold within $30$ days$),$ $$98,000$; and cash $($legally restricted for an upcoming long$-$term debt retirement$),$ $$206,000.$

Determine the December $31,2023$ cash and cash equivalents amount for the $2023$ statement of cash flows under IFRS.